HOUSING DEVELOPMENT FINANCE CORPORATION (HDFC)
CONSOLIDATED RESULTS
FOR Q2 FY 2013 (SEP,2012)
HDFC has produced very good
Consolidated results for the second quarter ending Sep, 2012.
Income from Operations
for Q2 FY 2013 stands at Rs.5424 Cr; up by 23.47% from Q2 FY 12 (Rs.4393 Cr);
and up by 5.88 % from Q1 FY 13 (Rs.5123 Cr). The YoY and QoQ increases are both
impressive.
Total Income for Q2 FY 2012 stands at Rs.10450 Cr; up by 83.24
% from Q2 FY 12 (Rs.5703 Cr); and up by 43.76 % from Q1 FY 13 (Rs.7269 Cr).
Ø The premium Income from
Insurance business is Rs.2971 Cr (Q2FY 12:Rs.2737 Cr; Q1 FY 13
: Rs.2007 Cr);
Ø Other Operating Income
from Insurance Business is Rs.1953 Cr (Q2 FY 12 : -Rs.1514 Cr;
Q1 FY 13 : Rs.116 Cr);
Ø Profit on sale of
Investments stands at Rs.101 Cr (Q2 FY 12 : Rs.87 Cr;
Q1 FY 13 : Rs.22 Cr);
TOTAL EXPENDITURE for
Q2 FY 2013 stands at Rs.8685 Cr; up by 103.59
% from Q2 FY 12 (Rs.4266 Cr); and up by 48.18 % from Q1 FY 13 (Rs.5861 Cr).
Ø Interest and other
charges stands at Rs.3671 Cr (Q2 FY 12 :Rs.2767 Cr; Q1 FY 13 :
rs.3449 Cr);
Ø Other Expenses & appropriation
pertaining to Insurance Business stands at Rs.3482 Cr (Q2 FY
12 : Rs.292 Cr; Q1 FY 13 : 1217 Cr);
Ø Claims Paid pertaining to
Insurance Business stands at Rs.1196 Cr ( Q2 FY 12 : Rs.926 Cr;
Q1 FY 13 : Rs.882 Cr);
Operating Profit-Before Other Income for
Q2 FY 2013 stands at Rs.1765 Cr;
up by 22.83 % from Q2 FY 12 (Rs.1437 Cr); and up by 25.36 % from Q1 FY 13 (Rs. 1408 Cr).
Profit Before Tax for
Q2 FY 2013 stands at Rs.1778 Cr; up by 18.77 % from Q2 FY 12 (Rs.1497 Cr); and up by 26.28 % from Q1 FY 13 (Rs.1408
Cr).
TAX for Q2 FY 2013 stands at Rs.461 Cr; up by 12.17
% from Q2 FY 12 (Rs.411 Cr); and up by 7.71 % from Q1 FY 13 (Rs.428 Cr).
Net Profit for Q2 FY 2013 stands at Rs.1316 Cr; up by 21.18 % from Q2 FY 12 (Rs.1086
Cr); and up by 33.33 % from Q1 FY 13 (Rs.987 Cr).
CONSOL.PROFIT for
Q2 FY 2013 stands at Rs.1575 Cr; up by 18.6
% from Q2 FY 12 (Rs.1328 Cr); and up by 23.43 % from Q1 FY 13 (Rs.1276 Cr).
EPS-BASIC for
Q2 FY 2013 stands at Rs.10.39 compared to Rs.9.02 in Q2 FY 12 and Rs.8.62 in Q1 FY 13.
EPS-DILUTED for
Q2 FY 2013 stands at Rs.10.32 for Q2 FY 13; compared to Rs.8.88 for Q2 FY 12; and Rs.8.5 for Q1 FY 13;
Paid Up Equity (FV:RS.2) for
Q2 FY 2013 stands at Rs.307.78 Cr.
Paid Up Debt Capital for
Q2 FY 2013 stands at Rs.151616 Cr; up by 18.99 % from Q2 FY 12 (Rs.127417 Cr);
and up by 2.74 % from Q1 FY 13 (Rs.147569 Cr).
Consolidated
Results Table
Q2 FY 2013
|
HDFC -CONSOLIDATED
|
Q2 FY13
|
%Dif YoY
|
Q2 FY12
|
%Dif QoQ
|
Q1 FY13
|
|
Income from Operations
|
5424
|
23.47
|
4393
|
5.88
|
5123
|
|
Total Income
|
10450
|
83.24
|
5703
|
43.76
|
7269
|
|
TOTAL EXPDR
|
8685
|
103.59
|
4266
|
48.18
|
5861
|
|
OPT-Before O'Income
|
1765
|
22.83
|
1437
|
25.36
|
1408
|
|
other income
|
13
|
-78.33
|
60
|
62.5
|
8
|
|
P B T
|
1778
|
18.77
|
1497
|
26.28
|
1408
|
|
TAX
|
461
|
12.17
|
411
|
7.71
|
428
|
|
NET PROFIT
|
1316
|
21.18
|
1086
|
33.33
|
987
|
|
CONSOL.PROFIT
|
1575
|
18.6
|
1328
|
23.43
|
1276
|
|
E P S-BASIC
|
10.39
|
15.19
|
9.02
|
20.53
|
8.62
|
|
EPS-DILUTED
|
10.32
|
16.22
|
8.88
|
21.41
|
8.5
|
|
PAID UP EQUITY (FV:RS.2)
|
307.78
|
4.53
|
294.44
|
3.38
|
297.73
|
|
PD UP DEBT CAPITAL
|
151616
|
18.99
|
127417
|
2.74
|
147569
|
STAND ALONE RESULTS
SUMMARY
Total Income in Q2 FY 13
stands at Rs.5277 Cr compared to Rs.4169 cr in Q2 FY 12 and Rs.4942 Cr in Q1 FY
13.
Profit Before Tax in Q2 FY
13 stands at Rs.1548 cr compared to Rs.1338 cr in Q2 FY 12; and Rs.1380 cr in
Q1 FY 13.
Net Profit stands at
Rs.1151 Cr in Q2 FY 13; compared to Rs.971 Cr in Q2 FY 12; and Rs.1002 Cr in q1
FY 13.
Its loans to Individual
borrowers rose 31%.Overall, it saw a jump of 22% to Rs.1.15 lakh crores,
including loans to Builders.
Compared to Banks, which
are now aggressively into Home Loans, the cost of funds for HDFC is Higher. So,
it faces stiff competition from Commercial Banks.
But, with Good Demand for
Home loans, HDFC sees its loan book recording Healthy rise.
Net Interest Income has
seen a rise of 18% to Rs.1653 Cr.
Net Interest Margin for the last Half year
was around 4.2%
Non-performing loans are
coming down and they stand now at 0.77%.
Overall HDFC has been
maintaining steady and Good Growth.
But, Banks have started offering very good
competition by cutting Home loan Rates and offering other sops to borrowers.
Future therefore will be
very competitive in this field.
*
* * E
N D *
* *
No comments:
Post a Comment